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NHL settlement: Facts, figures and projections

The Associated Press

Posted:
01/06/2013 03:00:58 PM PST

Updated:
01/06/2013 03:11:32 PM PST

The NHL on Sunday agreed to the framework of a 10-year labor contract that will allow a delayed start to the season later this month. Lawyers will spend the next few days drafting a memorandum of agreement. The agreement must be ratified by the 30 team owners and approximately 740 players.

Here are some facts and figures, some that might be tweaked before the final agreement is signed:

Sharks say they're hearing same as everybody else -- their 48-to-50 games will all be within Western Conference.

Sharks saying they won't know until Monday at earliest on schedule, training camp. Could take till Wednesday.

Either side may terminate the deal after the 2019-20 season.

The minimum salary will remain at $525,000 this season and will rise to $750,000 by 2021-12.

Participation of NHL and its players in the 2014 Sochi Olympics will be determined later in discussions also involving the International Olympic Committee and the International Ice Hockey Federation.

Free agents will be limited to contracts of seven years (eight for those re-signed with their former club).

Salaries within a contract may not vary by more than 35 percent year to year.

There were no changes to eligibility for free agency and salary arbitration.

Revenue sharing will increase to $200 million annually and rise with revenue.

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Players will receive $300 million in transition payments over three years to account for existing contracts, pushing their revenue share over 50 percent at the start of the deal.

Players gained a defined benefit pension plan for the first time.

The salary cap for this season will be $70.2 million before prorating to adjust for the shortened season, and the cap will drop to $64.3 million in 2013-14 -- the same amount as 2011-12. There will be a salary floor of $44 million in those years.